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Expert Mortgage Advice from SWMB - Your Clear and Simple Guide to the Mortgage Process
SWMB provides clear and easy-to-understand mortgage advice. At SWMB, our mission is to make the mortgage process as simple and stress-free as possible. We offer expert advice tailored to your needs, guiding you every step of the way.
Below, we’ve outlined the essential steps involved in obtaining a mortgage with us.
Key Steps in the Mortgage Process
- Initial Mortgage Consultation: Meet with one of our qualified mortgage advisers to discuss your options and determine how much you can borrow.
- Apply for an ‘In Principle’ Decision: We’ll apply to your chosen lender for an initial decision, giving you an idea of how much the lender is willing to lend you.
- Choose a Property: Once you’ve found the right property, make an offer.
- Full Mortgage Application: After your ‘In Principle’ application is accepted, submit a full mortgage application. We’ll help you choose the right mortgage product and repayment method.
- Appoint a Solicitor: You’ll need a solicitor to handle the legal aspects of the purchase.
- Valuation and Survey: A property survey will be carried out. We’ll review the results with you to ensure everything is in order.
- Mortgage Offer: After approval, you’ll receive and sign the official mortgage offer.
- Exchange and Completion: Once contracts are exchanged, you’ll pay your deposit. Upon completion, the property is officially yours.
- First Repayment Letter: You’ll receive this shortly after completion, detailing your repayment schedule and amounts.
_"We aim to make the mortgage process as easy and stress-free as possible."_
For more information or to discuss your options with one of our experienced mortgage advisers, call us at 01392 927327 or use our simple contact form.
